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Reg Grundy on how he got started in TV and his recluse reputation

In one of his final interviews, media mogul Reg Grundy told of the "chaos" creating Wheel of Fortune and his rift with Kylie Minogue that were among the anecdotes of a legacy he built on Australian television.

In a rare interview with A Current Affair in 2010, the private multi-millionaire told from his home in Bermuda that he was happy to be a recluse after a career in the spotlight..

Grundy died, aged 92, in the arms of his wife on their Bermuda estate today.

At its peak, Grundy Television was responsible for 20 hours of programming every week across three Australian television networks.

And through his work, Grundy met his wife Joy, who auditioned for the Grundy Television show I've Got A Secret.

He sold his company for $800 million in 1994 and moved to Bermuda to enjoy his retirement out of the spotlight with his wife.

"It gave us the chance, Joy and myself, to do things. To buy a big boat, which we couldn't possibly have done otherwise, to have some time that wasn't devoted to television, but with me keeping a bit of an eagle eye on what was happening in those three main parts of the world," Grundy said in the 2010 interview.

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It all started when the ambitious television mogul launched radio quiz show Wheel of Fortune, which eventually moved onto television screens with the advent of television in Australia in 1956.

"I think I was doing everything. I was getting the prizes, I was taking them in my Holden over to the station every week, packing them in again, nobody was helping me," Grundy said.

"It was like chaos and I thought, 'is that the way they do it in television?'"

On his almost monthly travels to the US, Grundy would record his favourite programs and attempt to create a local version in Australia.

He would eventually pay the royalties for the shows once convention and media law caught up with the times.

But there was one concept that he was determined to keep the rights to: Sale of the Century.

"Eventually, I got 50 percent (of the royalties) and then finally I offered him a lot of money to me at that time to own it absolutely throughout the world and I did," Grundy said.

It wasn't until Australia's local content television quota system took effect that Grundy branched out from quiz shows into scripted content.

Neighbours has been one of Grundy Television's most popular shows, launching the careers of Kylie Minogue, Jason Donovan and others.

But there was a rift between Grundy and Australia's pop princess.

"I mean that marriage that probably got the highest ratings for any marriage in Australia and (Kylie) went on to to great success — and I applaud that — but she said that we couldn't use the tapes because she didn't want us to use them and we said no, we own the tapes and she had to accept it," Grundy said.

Mr Grundy and his wife Joy.The couple on their wedding day 45 years ago.